Hernan Serrano is a Partner of Yip Associates, a firm specializing in forensic accounting, litigation consulting, financial investigations, receiverships, and bankruptcy related matters. Mr. Serrano serves as the Co-Leader of the firm’s Bankruptcy Practice. The firm serves its clients from offices in New York, New Jersey and Florida. Mr. Serrano has previously worked for FTI Consulting, Arthur Andersen, and Grant Thornton prior to joining Yip Associates. Yip Associates is certified as a minority-owned and women-owned firm (M/WBE).
Mr. Serrano has over 25 years of experience in the bankruptcy, restructuring, receivership, and business consulting. He has worked as financial advisor to law firms, investment banks, privately owned businesses, commercial banks, asset-based lenders, and corporations. Mr. Serrano’s client engagements include business acquisition/sale advisor, creditor’s committees, fiduciary services (including acting as a monitor, trustee, receiver, and examiner), Chapter 11 transactions, corporate liquidations, corporate reorganizations, corporate finance, and corporate restructuring. He has served as a trustee, liquidating trustee, monitor and receiver in numerous cases, including actions brought by the Federal Trade Commission and the Commodity Futures Trading Commission. He is recognized for his expertise in assessing situations quickly and running companies productively and efficiently.
With many matters involving real estate assets, Mr. Serrano’s extensive real estate experience as a licensed agent has proven to be a valuable resource throughout the process maximizing recoveries for creditors and other parties in interest.
Mr. Serrano has experience in the tracing of funds and the reconstruction of financial business records in civil and criminal matters. Mr. Serrano also has experience calculating economic damages in breach of contract and other commercial disputes. Mr. Serrano assists and counsels’ clients with discovery, detailed review and analysis of business records, preparation of written reports, demonstrative exhibits, and testimony.
Mr. Serrano has significant experience conducting internal and external financial investigations of alleged business frauds including white-collar investigations, embezzlement and asset misappropriation, financial reporting, and securities fraud.
Mr. Serrano’s extensive experience, fluency in Spanish, and cultural understanding have resulted in an efficient and effective approach in complex matters involving parties in Latin America and Caribbean for bankruptcy, review of documents/financial records and conducting interviews. Mr. Serrano has been a Liquidating Trustee in the Caribbean, managing and communicating with thousands of claimants, investigated, and pursued numerous litigations/causes of action and ultimately distributed significant dollars to creditors.
Mr. Serrano holds a Bachelor of Business Administration and a Master of Business Administration in Corporate Finance and International Business. Mr. Serrano is the Immediate Past President of the National Association of Federal Equity Receivers (“NAFER”) and the current President of the Long Island Chapter of the Turnaround Management Association (“TMA”).
Areas of Expertise